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Clarks to Cut 900 Jobs Amid COVID Liquidity Crisis

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Clarks is facing a liquidity crisis and the fix, for now, will come in the form of staff and store cutbacks. The U.K. footwear firm said it’s cutting 900 jobs and shuttering an undisclosed number of stores as part of a restructuring strategy aimed at turning the company around. Nearly 200 jobs have already been…

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